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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87 Hyundai Motor aims to establish a high efficiency manufacturing process for BEV production to accelerate its transition into electrification.

Hyundai 370
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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

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Excluded from the agreement are Belgium, Luxembourg and The Netherlands, where Ventraco will continue to supply the products. The product improves the properties of weathered and hardened bitumen, rejuvenating old bitumen or reclaimed asphalt pavement (RAP). It opens up the opportunity to recycle up to 100% of raw materials.

Global 397
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Daimler and Geely Holding form global JV for smart; new generation of electric models

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Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. Future production will be located in China.

Global 259
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Li-Metal successfully produces lithium metal directly from lithium carbonate at Ontario pilot plant

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Domestic lithium metal production capacity is essential for the development of a sustainable supply chain for next-generation batteries. Additionally, this milestone will allow the Company to secure its own supply of lithium metal for its anode production, in order to implement its vertically integrated business model. Li-Metal Corp.,

Carbon 396
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US Steel and CarbonFree sign MoU to capture CO2 at Gary Works

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CarbonFree’s patented SkyCycle technology captures carbon emissions from hard-to-abate industrial sources before they enter the atmosphere, converts the CO 2 into the specialty chemical precipitated calcium carbonate (PCC), and produces hydrochloric acid (HCl) as a co-product. SkyCycle is CarbonFree’s second-generation technology.

CO2 368
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Volvo Trucks and Bucher collaborate to electrify sewer cleaner trucks

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Bucher Municipal is expecting that up to 80 sewer trucks, or 50% of their production of cleaning vehicles, will be zero exhaust emission trucks from Volvo by the end of 2023. Volvo Trucks goal is that electric models will account for half of its truck sales in 2030. Serial production will start in the autumn and gradually ramp up.

Cleaner 475
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261